Archive 2013

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High Spirits at Skansi

Click here to view PDF… Social responsibility and cultural values are central to Skansi Offshore’s strategy as the company takes delivery of its fifth new platform support vessel, with contracts for all vessels secured from major North Sea operators. Skansi Offshore has been a remarkable story since its inception a few years ago. With the [...]

2017-04-20T22:46:49+00:00 November 14th, 2013|Archive 2013|0 Comments

ASB: Raising the Stakes

Click here to view PDF… To enhance its services to the offshore oil and gas industry, Atlantic Supply Base, in a ‘major step’ for itself as a company, implements an OGP compliant system for quality, health, safety and environmental (QHSE) management. As the drilling of the eighth exploration well in the Faroese continental shelf is expected [...]

2017-04-20T22:46:49+00:00 November 14th, 2013|Archive 2013|0 Comments

New Vessels for Thor in Largest Deal to Date

Click here to view PDF… In its most major deal to date, Thor signs a long-term charter contract with Norway’s PGS — in the process ordering four new seismic support vessels with the option of adding another four new builds to the contract. Faroese shipping company Thor is seeing its international business grow at accelerating [...]

2017-04-20T22:46:49+00:00 November 14th, 2013|Archive 2013|0 Comments

Atlantic Petroleum Continues to Deliver

Click here to view PDF… With revenues approaching 600 million dkk (80 m eur), Atlantic Petroleum had its best year ever in 2012, increasing profits, production rate, development assets, and exploration acreage — and delivering on its stated growth strategy. It was an upbeat message that came from Ben Arabo, the CEO of Atlantic Petroleum, [...]

2017-04-20T22:46:50+00:00 November 14th, 2013|Archive 2013|0 Comments

FOÍB Makes Its Mark

Click here to view PDF… With Jan Müller at the helm, the Faroes Oil Industry Group strengthens its ties with key stakeholders — discussing the future of Faroes oil and gas exploration at a Tórshavn conference on 4 June. The Managing Director of the Faroes Oil Industry Group (FOÍB) Jan Müller is a man on [...]

2017-04-20T22:46:50+00:00 November 14th, 2013|Archive 2013|0 Comments

Marine Repairs: Exceeding Expectations

Click here to view PDF… Owners and operators of marine vessels and offshore rigs are astonished at what they get from providers in the Faroe Islands — such as MEST, the shipyard and engineering company that is also a stainless steel equipment manufacturer. Nobody would blame the uninitiated for assuming that in the Faroe Islands [...]

2017-04-20T22:46:50+00:00 November 14th, 2013|Archive 2013|0 Comments

Busy As Never Before

Click here to view PDF… With the Faroese transport infrastructure under pressure from rising export volumes, Faroe Agency’s position of market leadership in the ports and shipping sector is consolidated through more fisheries and insurance related business. These are times of capacity expansion in the Faroese ports, shipping and logistics industry. Driven by the current [...]

2017-04-20T22:46:50+00:00 November 14th, 2013|Archive 2013|0 Comments

Fuglafjørður Sticks to Plan on Freezing Factory

Click here to view PDF… While Fuglafjørður remains a leading port of call for the pelagic fishing fleet — offering the most comprehensive service for it in the Faroe Islands — the port authority continues to seek investors for a new freezing plant. The new mayor of Fuglafjørður, Sonni á Horni, appears confident that a [...]

2017-04-20T22:46:50+00:00 November 14th, 2013|Archive 2013|0 Comments
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